Bank of America Profit Slides 43% After Mortgage Settlement

Bank of America saw its profit decline in the second quarter because of unprecedented legal expenses. Earnings declined 43% from a year earlier to $0.19 cents a share. If the litigation costs were stripped out, earnings would have come in at $0.41 a

http://archive.courier-journal.com/VideoNetwork/3677555456001/Bank-of-America-Profit-Slides-43-After-Mortgage-Settlementhttp://cdn.newslook.com/1a/1a209ea68254fd405f572e34e4b6ce97/mp4_low/1a209ea68254fd405f572e34e4b6ce97-mp4_low.mp4http://archive.courier-journal.com/VideoNetwork/3677555456001/Bank-of-America-Profit-Slides-43-After-Mortgage-Settlementhttp://cdn.newslook.com/1a/1a209ea68254fd405f572e34e4b6ce97/images/frame_ext.jpgBank of America Profit Slides 43% After Mortgage SettlementBank of America saw its profit decline in the second quarter because of unprecedented legal expenses. Earnings declined 43% from a year earlier to $0.19 cents a share. If the litigation costs were stripped out, earnings would have come in at $0.41 atheStreet.comTSCMNew YorkincFinanceamericayoutubeYahoo!newslook01:04